Anne Marden

Market Integrity and Professionalism committee

We look forward to engaging with our members in 2016/17 to debate the key issues that are impacting our profession and to communicate more clearly what value the investment profession brings to society.

Anne Marden, CFA
Market Integrity and Professionalism committee co-chair
Managing Director, JP Morgan Asset Management

Anne Marden

Main responsibilities

  • Identifies, monitors and provides views on key regulatory and best practice developments likely to affect CFA UK members 
  • Investigate and assess developments related to market integrity and professional standards likely to affect members and determine whether CFA UK should undertake any necessary action
  • Engage CFA UK members on matters relating to market integrity and professional standards e.g developing the society's positions
  • Draft responses, position papers and other materials covering market integrity and professional standards
  • Provide input to CFA Institute for use in international issues.

Accomplishments in 2015/16

  • Discussions around the Market for Research and MIFID II was a key topic as Buy Side firms and investment practitioners addressed changing regulation for access to Sell Side Research
  • Focused on the Value of the Investment Profession as it stepped up with the start of a multi year project 
  • Position papers were published on Termism and Fees. We believe these papers are relevant as we engage with the FCA regarding their Asset Management Market Study
  • Letter to FCA re Terms of Reference for the Asset Manager Market Study where we provided some thoughts on the competitive and diverse nature of Asset Management
  • Letter to FCA re Consultation DP16/3 where we believe that there is a need to improve the timeliness and availability of Information in the UK Equity IPO process
  • Supported the society’s third Professionalism Conference with launch of Value of Investment Profession Initiative
  • Further work on remuneration (using full FTSE 350 group of companies) is being carried out in collaboration with Lancaster University Management School.
  • New committee advisor James Crawshaw appointed.

Areas of focus for 2016/17

  • Value of Investment Profession Committee to be established as a subcommittee of the MIPC to carry out research and consultation with members/profession on how asset management professionals add value to investors/savers. 
  • Follow up from remuneration study with event/publication under consideration.
  • Consideration of impact of Brexit on UK based financial professionals.
  • Further engagement/dialogue with FCA on a range of matters

This committee is currently recruiting volunteers who are representative from sell-side, investments consultants and asset owners. To volunteer your services, please email a covering letter and your CV to the society's chief executive.